Exchange Blog Cryptocurrency Blog
myregister
Member-
Posts
7,043 -
Joined
-
Last visited
-
Days Won
6
Everything posted by myregister
-
money management and stoploos.
myregister replied to ermaniso2011's topic in Forex General Discussion
Yes the risk which i think all of you should know and ready to take, if you don't have any willingness to take the risk I regretly must said that forex is not the suitable place for you. Your MM will be nothing. Anyway, Money management and stop loss is actually connected to each other. Each has its own setting so you could optimized your money management thus lower the chance to lose. -
don't mix between emotions and forex trading
myregister replied to rockstar's topic in Forex General Discussion
I think you still can do that in demo account, but in real account never ever mixed your emotions with forex trading. There are a lot of example how this thing goes wrong. I also cannot imagine how much people who has been losing their money so far thanks to their emotions which is uncontrollable. You must be already find a lot of complaint or story about this one isn't it? -
Yes it can you have the chance to earn money from forex and not just EXTRA money but a real income which you can depend. Have you ever hear that there are people who trade in full time? Well that is full time trader, a trader who trade depend on their own earning. The one who trade as side job usually trade for EXTRA money.
-
Fixed number if that has been decided but even like that you can change the value all the time as long as you don't reach that take profit point. You can lower or increase the value. Some traders did it in hope to touch the take profit value faster or even want to get bigger profit. Mostly people just stick with their original decided value.
-
This is very hard to deal with but i think if government want they can do that. It is not the matter of how hard but the willingness of government and i am sure that broker will try to cooperate with government too if any people that involved in gangster or mafia try to wash their money by doing money laundering through foreign exchange. s
-
Fixed or floating spread account?
myregister replied to boltushkin's topic in Forex General Discussion
To some people spread is bigger matter but the others don't mind if that is a bit higher as long as that is in reasonable rate. If the broker is dealing desk who trade against you even you have small spread your earning won't be big and if you secure more profit usually that kind of broker trying to rape your profit by using illegal technique since they are the market maker. -
I think it is not like that, because some people have their own preference to something. This is afterall preference. Some people satisfy with small earning as long as that is profit and will try to minimize the loss as much as he/she can while some prefer to pursue bigger profit but by sacrifice more. For me profit is still profit and i will gladly take it even that is just small.
-
William Gann: An Accurate Market Forecaster
myregister replied to analyst75's topic in Forex General Discussion
Or maybe he doesn't even know what he is talking about. But anyway Gann's line is one of the favourite indicator to use aside from RSI and Stochastic. Gann angles are a popular analysis and trading tool that are used to measure key elements, such as pattern, price and time . It also has few modification that meet with someone's preference. -
It is quite fun, and it is better to have more activities because some threads already quite old and it needs more new threads with reasonable topic to talk about. Nevertheless, MTW still better than other similiar PTP forum except its sister site DMT, it is equal to each other. MTW has lesser rate per post rather than DMT which i think as main site.
-
DimondClix - dimondclix.com
myregister replied to Incredible-Earnings.com's topic in Get Paid To Click
So admin is still online and just celebrated this site 3 months old success, still premature to celebrate but along that celebration admin comes up with a nice offer for you all. I must admit this program offering offer like that would turn this program into a better program where many people would come and join, also there are few clickers which has been paid by admin and i really love it. -
Damn when the firs time i see this thread I thought it was buxify but yeah it is truly buxify but the different buxify. To be precise this one is not .com but .net . Buxify .net is practically just another hybrid site you won't see much difference like doing simple task, click ads with the lower rate per click and so on. For standard members, the minimum cashout is pretty much low.
-
Without doubt your statement above is true, but skill is one who decide if trader could make profit or not. Earn $1000 daily seems like impossible feat but possible but not forever. I mean you could do that in 2 weeks consecutively but later when you trade in the other time you suffer more losses or fortunately small amount of loss.
-
@radex78 Of course i would join in that kind of broker but here we talk about how can a broker earn money and offering such an excellent service( if your broker is like that) to the traders or clients. The answer is simple that is spread but i think spread is not enough usually some broker offers another way just like give access to the deeper market thus give more money with that services.
-
Should Forex Brokers Accept Bitcoin or other cryptocurrency?
myregister replied to bloger90's topic in Forex Newbies
Come to think of it, trade anywhere and anytime is really like forex itself. based on my own perspective foreign exchange tend to do well with international trading, and only few countries which doesn't allow foreign exchange at all, right? So use cryptocurrency or not forex already something where you can trade anywhere and anytime, you can trade in Singapore for now but tomorrow you may trade in Brazil.- 54 replies
-
- Bitcoin in forex trading
- Litecoin in forex trading
- (and 3 more)
-
The strength of the Euro against other currencies
myregister replied to euro's topic in Forex Newbies
Tend to bullish doesn't mean it will be always be bullish. Eurozone surely an interesting place, but right now it faces some crisis that might influence the price of euro to be bearish. Up to now Euro still stay strong because of the better economic condition its citizen which maybe many traders find desirable and thus buy or appreciate the price of EURO itself. -
Anyone got any good systems they use?
myregister replied to Forextrader2361's topic in Forex Newbies
How about trade using economic calendar, it is basically fundamental type of trading, where you depend on the news and its result and then trade after the news released, usually 2-4 minutes after that you set SL and TP or maybe you want to wait for a while before set your SL and TP. I use that strategy and usually it closed in less than 24 hours either i lose or make profit. -
Oh yes for impatient traders who still newcomers they will find hard to trade with long term since long term needs more patience from that trader itself. Also putting that aside the risk is still high isn't it? But still there would be first time for everything, for newbie who want to walk the path of long term trading they can start to trade early but make sure it is in demo account first.
-
You mean dealing desk type broker? If that is the case it is really bad i don't want to trade in that kind of broker. Well i never see any stock broker act like that so far, but in forex broker you can see a lot of them still operate and try to win against their own client and once their client win too much they start to put some kind of measurement to limit their earning such as Stop Loss Hunting, maybe this is one of the best part of stock rather than foreign exchange which why some people still into it.
-
Okay i admit it if you put it like that then binary is not really good, i still cannot find the way why admin could give some kind of guarantee to us. I think that compensation is somewhat risky especially since we know that binary is practically use foreign exchange as the market to do their binary trading activities. The same old yet risky market.
-
Investing our money in forex is probably the thing that i will keep doing even if i have a lot of bucks right now. I will divide my investment into 2, active and passive investment. Active where i trade by myself, this is what i do with most of my "business" money, while passive part even less is passive. The one who control it is pamm manager or i even invest in more than one pamm managers for the sake of diversity.
- 12 replies
-
- risk involved
- transperncy
- (and 4 more)
-
Australian Dollar Fundamental Analysis.
myregister replied to myregister's topic in Fundametal Analysis
Entering the forex trading Asia session this last weekend, AUDUSD managed to rally strong and continue to move positively by the contribution of labor economic data which are also of concern to the market and in particular, RBA. Australian producer-level inflation data the second quarter of this year showed an increase of data that gives hope for the next consumer inflation rate thus encouraging RBA not to ease monetary policy in August. AUDUSD exchange rate movements in the Asian session moving rally, after opening higher at 0.75045 in early trade. For the next trading session which is New York session tonight, it looks like the AUDUSD pair may rise to the range of 0.75605-0.75847. -
Ahead of the announcement of the Japanese central bank's monetary policy this morning, the exchange rate of the yen is getting stronger than the previous trade. The strength of the JPY's rally this morning come from the consolidation of some economic data releases that showed improved performance in both the labor market and retail sales of the country. Some Japanese government agencies today report some bit of data that describe economic conditions in the cherry country. The data are encouraging for further JPY's rally is data unemployment rate is down and retail sales data that the contraction diminishing. For the movement of the pair until the end of the evening session trading potentially strong, so I expect USDJPY pair can then be dropped into the range 102,97-102.28. But if it is not up to that range, then the pair could climb back up to the range 105.61
-
In the middle of forex trading the Asian session on Friday, the pressure against the USD continued after 4 consecutive days plummeted and is now included in the deepest red zone during the last 10 days. But fundamentally the USD is expected to be out of the zone entered the European session. Sentiment disappointment over US interest rates were unchanged by the Federal Reserve later this month and also blurring of the next Fed rate hike signal is still a severe blow to the US dollar. As a result, the fundamental outlook for the US dollar so gloomy and currency rival steals his strength to rally. But if the BOJ decided this afternoon something hawkish then the rate of the yen may change disappointing. As the catalyst driving the dollar today, will release some economic data that largely will give a strong positive sentiment. Some data may be encouraging dollar is data Q2-2016 advance US GDP, Employment Cost Index q / q, Revised UoM Consumer Sentiment and Revised UoM Inflation Expectations. However, there is data on the rate of the dollar is trying to tap the data Chicago PMI. The dollar index, which measures the strength of the US dollar against six major currencies in the Asian session trade was a negative move after it opened lower at 96.65 and rolling positions at the position 96.48. Previous trading the US dollar index has dropped by 0.2 percent.
-
It could be like that but I think that is close more to manual trading. It seems that admin want to share about how to trade with better strategy or another good strategy which may result to more profitable trading. Actually i rarely see anyone trade using remote kind of trading but using robot to make some kind of remote trading is possible.
-
whether our money safe in a broker?
myregister replied to uncle gober's topic in Forex General Discussion
@jimmycook : Nice review while promoting your own broker. I don't have any experience in that broker about it but if your broker is trustable I think when you invest such a huge amount of money there wouldn'be the problem, Broker which doing well usually gain trust from the traders who become their own clients and it is a good news for all traders.